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Member, Beacon International Group, Ltd.
I
The IPC Cos.*
P.O. Box 2064, Hamilton HM HX, Bermuda; 441-295-5688
Domicile: Various.
Self-managed.
Risks: Various, primarily workers compensation.
Limits: $250,000 per occurrence/$500,000 aggregate (generally).
Programs: Fully funded, traditional.
Policy form: Claims-made, occurrence.
Access: All brokers, direct, Commonwealth Risk Services.
Established: 1979.
Requirements: $750,000 minimum premium (generally).
Fronting insurers: Legion Insurance Co.
Premium volume: $161.8 million in 1996.
1996 assets: $707.3 million.
1996 capital/surplus: $189.4 million.
Policyholders: 450.
Membership: Various, including manufacturing, health care, trucking and sports teams.
Contact: Paul Watson.
**Consolidated, includes Mutual Indemnity Ltd., Mutual Indemnity (Bermuda) Ltd. and Mutual Indemnity (U.S.) Ltd.
Isosceles Insurance Ltd.
Triangle Insurance Management Ltd., The Phoenix Building, 2 Reid St., Hamilton HM 11, Bermuda; 441-292-4364
Domicile: Bermuda.
Risks: Various.
Limits: Various.
Programs: Fully funded, traditional.
Policy form: Claims-made, occurrence.
Access: All brokers, direct.
Established: In formation.
Requirements: Minimum fee.
Policyholders: Ten estimated in 1997.
Contact: Bruce Fenton or Janice Witkowski.